Opening Call definition

Opening Call means the start-of-day call auction, facilitating the systematic execution of orders at the COP in accordance with these Trading Policies.
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Examples of Opening Call in a sentence

  • When the Market Maker decides to participate in the Opening Call Auction for a security in which it is acting as such, it will use the security’s Opening Price as the reference price for setting the maximum price spread between the buy and sell Orders it enters into the Electronic Trading System in respect of said security.

  • If during the security’s Opening Call Auction there are Orders from other Members in the Electronic Book that improve the prices of the Market Maker’s Orders, the latter will be able to modify its Orders’ buy and sell prices providing they fall within the maximum spread established by the BMV for the security in which it is acting in that capacity.

  • During Opening Call Auction, the current bid (or previous closing price in the absence of the current bid) will be used for checking.

  • The security’s Opening Price if there was no allocation during the security’s Opening Call Auction.

  • Dynamic price checking will be applied throughout the trading day, from the 5-minute input period before the start of Opening Call Auction until market close.

  • If the Employer decides that it is necessary to reduce part-time staff, and if there are more than one part-time Employees performing similar duties, and if it is one of those Employees that is to be laid off, then those Employees will be laid off on the basis of the reverse order of their continuous service since last hired, provided that, in the opinion of the Employer, those remaining are qualified to perform the work required.

  • Pre-OpenOrder Book state in the first phase of Opening Call, preceding the Uncross, when Order Management is allowed.Price Limit ValidationPrice limit check performed upon member request on entered orders.

  • During the pre-open session until the Opening Call, orders can be entered, amended or cancelled in NEO-L.

  • The Exchange, or the DMM for its Eligible Assigned Securities, may delay the opening of an Opening Call Eligible Security in NEO-L if, during the Opening Call, the COP differs from the previous day’s Closing Price by an amount greater than the price band parameters, if set.

  • Orders residing in NEO-L that are eligible to participate in the Opening Call will be displayed at their limit price or, for market orders, they will be displayed at the COP and an Imbalance Message is disseminated upon each change to either the COP or the imbalance.

Related to Opening Call

  • Bid Opening Date means the date the Bid is opened by the City.

  • Closing Day means (a) the Restatement Date and (b) with respect to any Accepted Note, the Business Day specified for the closing of the purchase and sale of such Accepted Note in the Confirmation of Acceptance for such Accepted Note, provided that (i) if the Company and the Purchaser which is obligated to purchase such Accepted Note agree on an earlier Business Day for such closing, the “Closing Day” for such Accepted Note shall be such earlier Business Day, and (ii) if the closing of the purchase and sale of such Accepted Note is rescheduled pursuant to Section 3.2, the Closing Day for such Accepted Note, for all purposes of this Agreement except references to “original Closing Day” in Section 2.7(b), shall mean the Rescheduled Closing Day with respect to such Accepted Note.

  • Objection Date means the date by which Settlement Class Members must mail their objection to the settlement for that objection to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • Quarter Date means each of 31 March, 30 June, 30 September and 31 December.

  • polling day means the day fixed for holding the poll at an election;

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.